Thu.Oct 31, 2024

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Scaling Smart: Botrista’s CFO on Growth Strategies in Beverage Tech

CFO Thought Leader

By Elias MurrayMetzger As the Chief Financial Officer of Botrista, growth is often a high-touch and high-demand focal point of my days. During the past year our company has grown from an ambitious startup to a prominent market leader in data-fueled beverage automation. With the recent closing of our Series C funding , we are poised to grow at an even faster rate.

CFO 52
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EY firings highlight multitasking, professional training woes

CFO Dive

The online training scandal comes about two years after the Securities and Exchange Commission fined EY $100 million for cheating by its auditors on ethics exams.

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Trending Sources

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Boeing: Stabilizing Finances Amid Operational Challenges

Global Finance

Boeing faces labor strikes, production issues, and regulatory scrutiny. To offset financial ruin, the company is selling $15 billion of common stock and mandatory convertible bonds. The sale is part of an ongoing initiative to stabilize finances and protect Boeing’s investment-grade credit rating while minimizing shareholder dilution. The financing structure lets the company count bonds as equity, hopefully eschewing concerns about its debt load, a critical factor in maintaining its credit ratin

Finance 111
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Meta CFO: AI poised to drive ‘significant’ capex growth

CFO Dive

The tech giant’s stock price fell after its third-quarter earnings report, as the company faces growing Wall Street angst over its ballooning AI expenditures.

CFO 263
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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World’s Safest Banks 2024: Islamic Banks In GCC

Global Finance

The GCC’s Shariah-compliant institutions are growing their assets and expanding their reach, thanks to new strategic partnerships and greater tech investment. Islamic banks based in the Gulf Cooperation Council (GCC) countries continue to expand their reach, taking on Shariah-compliant transactions in new industries and establishing new strategic partnerships.

Banking 105

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Broadridge launches new digital asset information platform

Future CFO

Broadridge Financial Solutions, Inc. launched a new digital asset information platform to help financial intermediaries comply with regulatory guidelines. According to a press release, the The Broadridge® ClearFi solution provides investors with user-friendly information on digital assets, helping broker-dealers, exchanges, and wallet providers provide their clients and participants with useful on-chain and off-chain information about digital assets, including cryptocurrencies, stable coins, and

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23andMe turns to CFOs to fill director roles after mass board exit

CFO Dive

Each of the three former finance chiefs will reap $1 million as the flagging business tries to right itself.

Finance 271
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The Fractional CFO

Global Finance

Driven by rising demand, corporates are seeking specialized financial expertise without committing to full-time hires. Growing numbers of experienced chief financial officers are abandoning the corporate grind to take freelance roles for multiple clients—whether in parallel or on a serial basis. “The demand for [freelance] professional CFOs has approximately doubled” in recent years, says Eusebi Llensa, co-founder and CEO of Outvise, a Barcelona-based marketplace for high-end independent contrac

CFO 98
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Members’ Profile: Rowen Pillai

CFO Talks

Members’ Profile: Rowen Pillai In this edition of CFO Club Africa’s Members Spotlight, we are introducing Rowen Pillai, the Chief Executive Officer of Lean Technovations Pty Ltd. Rowen’s career in finance and leadership has positioned him as an influential figure, serving in executive roles across various sectors, including transportation, investment, and industrial management.

CFO 97
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Treasury sets I Bond’s fixed rate at 1.20%, composite rate falls to 3.11%

Tips Watch

This is a breaking news article and will be updating through the morning. By David Enna, Tipswatch.com The U.S. Treasury just announced a 1.

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How to Keep Cash Flow Strong by Managing Customer Credit Risk

CFO Talks

How to Keep Cash Flow Strong by Managing Customer Credit Risk Imagine your business is buzzing, sales are growing, and orders are coming in strong. Yet, when you look at the cash flow, something’s off – money isn’t lining up with the sales you’re making. This disconnect often comes down to one critical issue: customer credit risk. For CFOs, understanding and managing this risk isn’t just about avoiding losses; it’s about keeping your business financially stable, especially in times when cash

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Kitces & Carl Ep 150: When The Early Years’ Scarcity As A Financial Advisor Prevents You From Growing To The Next Level

Nerd's Eye View

For many years, the traditional career track for financial advisors has been an 'eat what you kill' model – where advisors must independently find, convert, and manage their own clients. As such, it isn't uncommon for an advisor's first few years to be characterized by long hours, high rejection rates, and low pay. For many, this can be a stressfully prolonged period that typically eases only as advisors build their client base and establish themselves in the industry.

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World’s Safest Banks 2024: Emerging Markets Top 50

Global Finance

Global Finance ’s top 50 emerging markets honorees navigated their individual obstacles in their own unique way. The institutions in our 50 Safest Emerging Markets Banks rankings are facing a challenging operating environment from rising geopolitical tensions, potential disruptions of global trade, and commodity price volatility. Many banks have posted solid operating performance in recent years, as successive interest rate hikes reduced inflation in their regions and globally and also boosted p

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Risk Management and AI Integration: Key Priorities from Yooz’s CFO

CFO Thought Leader

Inside The Mentoring Round, CFO John Gronen discusses Yooz’s strategic investment in AI and machine learning to enhance accounts payable (AP) automation, fraud detection, and efficiency. Gronen highlights how AI streamlines invoice processing and identifies fraud risks, reducing the need for manual checks and freeing up valuable employee time. He also shares insights on the evolving role of CFOs, focusing on risk management, technological adaptation, and scaling operations.

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World’s Safest Banks 2024: Biggest Emerging Market Banks

Global Finance

A weak economy hasn’t stopped Chinese banks from expanding their balance sheets; once again, they dominate our rankings. China continues to search for antidotes to an ailing economy and the deterioration of its real estate market, and the banking sector continues to expand. GDP growth rose to 5.2% in 2023, up from 3% in 2022, but it is now forecast by the International Monetary Fund (IMF) to fall to 4.8% in 2024 and further, to 4.5%, the following year.

Banking 52
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Silver lining amid funding winter: IT firms acquiring Indian startups, smaller firms

CFO News

Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when technology spending, especially in discretionary spends, returns, say analysts.

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El Salvador: Historic Debt-For-Nature Swap

Global Finance

El Salvador took advantage of September’s bumper national debt sales to refinance its external debt through a special purpose entity via JPMorgan Chase. Putting its entire $7.2 billion external debt for tender, the country eventually agreed to buy back $1.03 billion, or 14% of its bonds set to mature between 2027 and 2052. Bonds with earlier maturity dates are more popular for resale by bondholders.

Finance 52
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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Tata Motors CFO Balaji's stock soars high within group

CFO News

PB Balaji, Tata Motors' finance chief, is expanding his influence within the Tata Group companies, being appointed to boards like Air India and Titan. Hand-picked by chairman N Chandrasekaran in 2017, Balaji has been instrumental in Tata Motors' turnaround, focusing on debt reduction, operational efficiency, and electric vehicle initiatives. Tata Motors is now debt-free in India with positive cash reserves.

CFO 45
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IPOs Are Making A Comeback In Asia

Global Finance

The IPO market’s much-awaited comeback has finally arrived—just not where it was expected. Buoyed by signs of an uptick in public offerings activity, US bankers and investors who were gearing up for a blockbuster second half of the year had their hopes dashed. India, Japan, and China took the spotlight in the third quarter instead, launching some of biggest listings in years.

Finance 52
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Tech, e-commerce giants rake in Rs 60,000 crore in FY24 ad revenue

CFO News

Tech giants Google, Meta, Amazon, and Flipkart collectively generated over Rs 60,000 crore in ad revenue in FY24, marking a 9% increase from the previous year. This growth, driven by increasing digital ad spending and user engagement, underscores the rapid expansion of India's digital advertising market.

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Stars Of China 2024: Innovation Nation

Global Finance

This year’s Stars of China honorees have been getting creative as they navigate banking’s difficult post-pandemic era. The toolbox is open, and the fine-tuning is underway, as China’s policymakers and financial institutions respond to the thorny economic challenges of the post-pandemic era. On the policy end, the Politburo in September issued economy-targeted guidance for state agencies.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Bibek Debroy, economist and Chairman of PM’s Economic Advisory Council, passes away

CFO News

Bibek Debroy Death News: Bibek Debroy, esteemed economist and Chairman of the Prime Minister’s Economic Advisory Council, has passed away. As a trusted advisor, he significantly influenced India's macroeconomic policies and reforms. His scholarly contributions and insights on fiscal policy and public sector management were globally acclaimed.

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Tailored Offerings: Q&A With BTG Pactual’s Gabriel Motomura And Rogério Stallone

Global Finance

Gabriel Motomura, partner and co-head of BTG Pactual Empresas, and Rogério Stallone, BTG Pactual corporate credit partner and co-head of BTG Empresas, discuss SME productivity. Global Finance: Small and midsize enterprises (SMEs) face a productivity gap compared with larger firms. What does BTG Pactual Empresas offer to improve SME productivity? Rogério Stallone: Other banks and startups typically start with banking and then move to lending.

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Payments firms slash cashbacks, incentives on funding drought

CFO News

Consumer payment companies like PhonePe, Paytm, Amazon Pay, and Cred have significantly reduced their marketing expenditures and customer incentives, reflecting a maturing digital payments market in India. This trend indicates a shift from aggressive customer acquisition strategies to a more sustainable approach focused on profitability.

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China’s Safest Banks 2024

Global Finance

Regulators seek to arrest economic slowdown. With China’s struggling economy, the country’s banking sector is facing significant growth headwinds, as policymakers attempt to halt the deteriorating economy with a recent wave of monetary and fiscal measures. The economy has been mired in a slump, due in part to the ongoing real estate crisis that involves large inventories of unsold housing units and unfinished properties.

Banking 40
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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.